Sri Lanka to offer India Trincomalee port development to balance out China #Hindustan360

Sri Lanka may find it difficult to wriggle out of China’s clutches because of the massive debt it owes to Beijing but to balance things out, it is now set to allow India to jointly develop the Trincomalee port in the northeastern part of the country. View more at #Hindustan360.

Diplomatic sources said Sri Lanka has readied an MoU for joint development of the project and that it’s likely to be signed during PM Narendra Modi’s upcoming visit to Colombo. Official sources also confirmed that Lankan PM Ranil Wickremesinghe would visit India this month to review bilateral ties. Read complete article